Marsh McLennan Agency Acquires InSource Insurance Group LLC
December 01 2021 - 9:00AM
Business Wire
Expands
Presence in Southwest Region
Marsh McLennan Agency (MMA), a subsidiary of Marsh, today
announced the acquisition of InSource Insurance Group LLC, a
leading independent agency in Texas. Terms of the acquisition were
not disclosed.
InSource Insurance Group was formed in 1986 to provide business
insurance, employee health and benefits, private client, and surety
services to the oil and gas, construction, manufacturing, and
transportation industries. InSource will help lead the Southwest
region’s energy industry vertical, with 45 employees across offices
in Midland and Odessa, Texas, joining MMA.
“Based in the heart of the Permian Basin, InSource Insurance
Group is well respected within the region for their commitment to
quality client service and industry expertise,” commented Bill
Henry, CEO of MMA’s Southwest region. “The InSource team, its
leadership, and its knowledge of the oil and gas industry are
valuable additions to MMA’s growing organization.”
David L. Wood, Partner at InSource Insurance Group, said,
“Joining MMA provides more opportunities for both our colleagues
and our clients. We’re looking forward to providing our clients
with access to new expertise, tools and resources, making us an
even stronger partner for businesses in West Texas.”
About Marsh McLennan Agency Marsh McLennan Agency (MMA)
provides business insurance, employee health & benefits,
retirement, and private client insurance solutions to organizations
and individuals seeking limitless possibilities. With 8,000
colleagues and 160 offices across North America, MMA combines the
personalized service model of a local consultant with the global
resources of the world’s leading professional services firm, Marsh
McLennan (NYSE: MMC).
About Marsh Marsh is the world’s leading insurance broker
and risk advisor. With around 40,000 colleagues operating in more
than 130 countries, Marsh serves commercial and individual clients
with data-driven risk solutions and advisory services. Marsh is a
business of Marsh McLennan (NYSE: MMC), the world’s leading
professional services firm in the areas of risk, strategy and
people. With annual revenue over $18 billion, Marsh McLennan helps
clients navigate an increasingly dynamic and complex environment
through four market-leading businesses: Marsh, Guy Carpenter,
Mercer and Oliver Wyman. For more information, visit mmc.com,
follow us on LinkedIn and Twitter or subscribe to BRINK.
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version on businesswire.com: https://www.businesswire.com/news/home/20211201005130/en/
Steven Handmaker Chief Marketing Officer +1 847 463 7176
Steven.Handmaker@MarshMMA.com
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